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Fair Value Measurements (Tables) | 6 Months Ended
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Jun. 30, 2026
Fair Value Disclosures [Abstract] |
Schedule of Fair Value Measurements, Nonrecurring |
|  |  | Fair Value at Reporting Date Using
(in thousands) | June 30, 2026 |  | Level 1 |  | Level 2 |  | Level 3
Cash equivalents: |  |  |  |  |  |  |
Overnight repurchase agreements | $ | 7,780 |  |  | $ | 7,780 |  |  | $ | — |  |  | $ | — |
Total | $ | 7,780 |  |  | $ | 7,780 |  |  | $ | — |  |  | $ | — |
| December 31, 2025 |  | Level 1 |  | Level 2 |  | Level 3
Cash equivalents: |  |  |  |  |  |  |
Overnight repurchase agreements | $ | 10,245 |  |  | $ | 10,245 |  |  | $ | — |  |  | $ | — |
Total | $ | 10,245 |  |  | $ | 10,245 |  |  | $ | — |  |  | $ | — |
The following table presents the carrying values of the Company’s contingent earnout payment obligations included in the accompanying condensed consolidated balance sheets, which approximated fair value at June 30, 2026 and December 31, 2025.
|  |  | Fair Value at Reporting Date Using
(in thousands) | June 30, 2026 |  | Level 1 |  | Level 2 |  | Level 3
Accrued expenses and other current liabilities: |  |  |  |  |  |  |
Second Kent Island Earnout Period | $ | 2,457 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,457 |
Second Consolidated Mechanical Earnout Period | 760 |  |  | — |  |  | — |  |  | 760 |
Total | $ | 3,217 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,217 |
|  |  | Fair Value at Reporting Date Using
(in thousands) | December 31, 2025 |  | Level 1 |  | Level 2 |  | Level 3
Accrued expenses and other current liabilities: |  |  |  |  |  |  |
Second IA Earnout Period(1) | 3,500 |  |  | — |  |  | — |  |  | 3,500 |
First Kent Island Earnout Period(2) | 2,500 |  |  | — |  |  | — |  |  | 2,500 |
First Consolidated Mechanical Earnout Period(3) | 954 |  |  | — |  |  | — |  |  | 954 |
Other long-term liabilities: |  |  |  |  |  |  |
Second Kent Island Earnout Period | 2,372 |  |  | — |  |  | — |  |  | 2,372 |
Second Consolidated Mechanical Earnout Period | 636 |  |  | — |  |  | — |  |  | 636 |
Total | $ | 9,962 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,962 |
(1) In February 2026, the Company made a $3.5 million payment to the former owner of Industrial Air related to the Second IA Earnout Period. (2) In January 2026, the Company made a $2.5 million payment to the former owner of Kent Island related to the First Kent Island Earnout Period. (3) In April 2026, the Company made a $0.9 million payment to the former owner of Consolidated Mechanical related to the First Consolidated Mechanical Earnout Period.

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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